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Featured local agent — Rolling Meadows, IL
Sarah Mitchell
Compass Real Estate · Rolling Meadows, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rolling Meadows, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$393,250median sale price
How is the Rolling Meadows, IL housing market right now?
The median home sale price in Rolling Meadows, IL is $393,250, up 9.7% year-over-year. Homes sell in an average of 41 days with 68 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rolling Meadows a buyer's or seller's market?
Rolling Meadows, IL is currently a seller's market, based on 2.4 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
41
Average pace
Active listings
68
2.4 months supply
Sale-to-list
101.8%
Above asking
What does the Rolling Meadows housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $393,250 |
| Median list price | $334,450 |
| Year-over-year price change | +9.7% |
| Average days on market | 41 days |
| Active inventory | 68 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $244/sq ft |
| Homes sold (latest month) | 28 |
| New listings (latest month) | 42 |
| Listings with a price cut | 7.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Rolling Meadows by property type?
How the Rolling Meadows, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $430,000 | $261/sq ft | 12 | 38 days |
| Condo / Co-op | $190,000 | $212/sq ft | 6 | 38 days |
| Townhouse | $400,000 | $213/sq ft | 10 | 57 days |
Source: Redfin · Updated monthly
The Rolling Meadows housing market is currently classified as a seller's market with a median sale price of $393,250. Prices have risen 9.7% compared to last year, with homes spending an average of 41 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Rolling Meadows
There are currently 68 homes listed for sale in Rolling Meadows, Illinois. The median listing price is $334K.
Active listings
68
Homes on market
Median list price
$334K
Avg. days on market
41
Days until sale
New this week
42
Newly listed
Who lives in Rolling Meadows?
Population
23,981
Median income
$100,424/yr
Median age
38.5 years
Owner-occupied
73.2%
College grads
40.5%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Rolling Meadows?
Zillow home value
$343,170
Zillow rent index
$1,984/mo
Price-to-rent ratio
14.4x
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Rolling Meadows?
Rolling Meadows is a community of approximately 24K residents with a median age of 38.5 years.The median household income is $100,424, which reflects a relatively affluent area with strong earning potential. 40.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 73.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rolling Meadows offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Rolling Meadows?
7 schools tracked · 5,202 students
The largest public schools serving Rolling Meadows, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Rolling Meadows High School
Grades 9-12 · 2,067 students
Willow Bend Elem School
Grades PK-6 · 975 students
Plum Grove Jr High School
Grades 7-8 · 834 students
Kimball Hill Elem School
Grades PK-6 · 488 students
Carl Sandburg Jr High School
Grades 7-8 · 450 students
Central Road Elem School
Grades PK-6 · 388 students
John G Conyers Learning Academy
Grades PK-8
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Rolling Meadows, IL?
Want a head-to-head view? Compare Rolling Meadows side-by-side with any other U.S. city using our market-comparison tool.
Is Rolling Meadows a good real estate investment market?
For investors evaluating Rolling Meadows, the price-to-rent ratio of 14.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 9.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Rolling Meadows's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Rolling Meadows's median home price.
Frequently asked questions
What is the average home price in Rolling Meadows?
The median home sale price in Rolling Meadows is $393,250, up 9.7% from last year.
How long do homes stay on market in Rolling Meadows?
Homes typically spend 41 days on market before going under contract.
What is the median income in Rolling Meadows?
The median household income is $100,424 per year.
Is Rolling Meadows a buyer's or seller's market?
With 2.4 months of supply, Rolling Meadows is currently a seller's market.
What is the Zillow home value estimate for Rolling Meadows?
The Zillow Home Value Index (ZHVI) for Rolling Meadows is $343,170, representing the typical home value in the area.
What is the median condo price in Rolling Meadows?
The median condo/co-op sale price in Rolling Meadows, IL is $190,000, compared to $430,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rolling Meadows?
The median single-family home price in Rolling Meadows, IL is $430,000 (about $261 per square foot).
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